Settings8H · net · $10k
Funding arb · Price arb /

ETH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.2% APRnext payment $0.57 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against HTX+0.060%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$200.201% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 3 days (all we have)+0.005%+$1 · spread now +0.060%, 7d avg +0.027%
Together, before fees−0.009%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.033% dearer against HTX than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.027%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 7 days (−0.014% in total) that is about 16 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ETH-USDT2,777.60.0096pay 0.0096% / 8h1h 38m$1.08B$1.32B200x
ShortAster ETHUSDT2,779.20.0039get 0.0039% / 8h1h 38m$256.8M$989.7M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$11.97
Price spread: +0.060% → +0.027%
$3.33
Slippage, 4 orders
−$0.07
Fee HTX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$28.71
Costs to cover
0.201%
Break-even
never at this rate
Slippage from HTX: live order book, 6 min ago; Aster: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 6 min ago0.02 bp6.0 bp −$66.0 bp −$607.6 bp −$75911.4 bp −$5,707
Sell Aster live order book, 6 min ago0.02 bp4.0 bp −$44.0 bp −$406.1 bp −$61113.1 bp −$6,538

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ETH−0.0447%43m2,777.5−0.002%$289K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0085%1h2,778.4+0.032%$5.8M$12.0M25xas long as short
Hotstuff ETH-PERP−0.0080%1h2,777.5−0.002%$5K$2K50xas long as short
Injective ETH/USDC PERP−0.0041%1h2,779.2+0.059%$119K$22.5M52xas long as short
01 Exchange ETHUSD−0.0032%1h2,779.6+0.074%$170K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0025%1h2,778.4+0.030%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,778.4+0.031%$12.7M$45.5M50xas long as short
Phoenix ETH0.0000%1h2,781.4+0.139%$885K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,778.2+0.025%$22.4M200xas long as short
Phemex ETHUSDT+0.0008%8h2,777.9+0.013%$270.2M$68.5M150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDC+0.0015%8h2,777.9+0.013%$17.3Mas long as short
OKX ETH-USDT-SWAP+0.0019%8h2,779.8+0.079%$1.71B$11.84B100xas long as short
GMX ETH/USD [ETH-USDC]L +0.0028% / S +0.0009%1h2,778+0.017%$13.2M200xas long as short
Aster ETHUSDTshort+0.0039%8h2,779.2+0.060%$256.8M$989.7M200x
Bullet ETH-USD+0.0040%1h2,777.4−0.006%$182K$1.8M20xas long as short
Nado ETH-PERP+0.0058%1h2,779.8+0.080%$14.3M$117.8M50xas long as short
MEXC ETH_USDT+0.0061%8h2,777.7+0.005%$1.62B$2.65B500xas long as short
Binance ETHUSDT+0.0063%8h2,779.5+0.069%$6.45B$17.10B150xas long as short
Aevo ETH-PERP+0.0064%1h2,774.9−0.095%$5.0M$636K20xas long as short
Bitget ETHUSDT+0.0072%8h2,778.4+0.030%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0074%8h2,778.4+0.031%$3.29B$9.58B200xas long as short
Deribit ETH-PERPETUAL+0.0092%1h2,779.2+0.059%$258.4M$221.7M50xas long as short
Bybit ETHUSDT+0.0095%8h2,779.8+0.080%$2.53B$4.59B150xas long as short
Lighter ETH+0.0096%1h2,778.3+0.027%$115.1M$497.8M50xas long as short
Lighter RH ETH+0.0096%1h2,779.4+0.065%$25.4M$120.9M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0048%1h2,779.9+0.086%$41.5M500xas long as short
HTX ETH-USDTlong+0.0096%8h2,777.6long leg$1.08B$1.32B200x
SoDEX ETH-USD+0.0099%1h2,777.7+0.005%$55.3M$228.8M40xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,777.6+0.003%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,778.8+0.045%$481K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,779.6+0.074%$3.19B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,778.3+0.027%$31.4M$297.6M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,777.1−0.016%$2.8M$16.8M25xas long as short
Arcus ETH-USD+0.0100%1h2,780.3+0.099%$2.8M$17.4M25xas long as short
Bulk ETH-USD+0.0100%1h2,781.3+0.136%$166.9M$248.1M25xas long as short
KuCoin ETHUSDTM+0.0100%8h2,777.7+0.007%$426.3M$737.7M100xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,778.8+0.043%$15.2M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,781.7+0.150%$135.5M$322.3Mas long as short
edgeX ETHUSDC+0.0100%4h2,780.9+0.121%$180.2M$779.0M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,779.5+0.069%$161.7M$92.5M50xas long as short
ApeX Omni ETHUSDT+0.0100%1h2,781+0.123%$8.7M$32.6M100xas long as short
StandX ETH-USD+0.0100%1h2,780.7+0.113%$21.5M$57.9M40xas long as short
Vest ETH-PERP+0.0100%1h2,779.9+0.085%$1.1M50xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,779.2+0.059%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,778.3+0.028%$21K$25K25xas long as short
Derive ETH-PERP+0.0100%1h2,779.8+0.079%$42.8M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,776.8−0.027%$973K$14.0M100xas long as short
Extended ETH-USD+0.0104%1h2,777.9+0.012%$31.6M$74.6M50xas long as short
Coinbase International ETH-PERP-INTX+0.0104%1h2,779.1+0.057%$60.3M$4.60B50xas long as short
Kalshi KXETHPERP+0.0114%8h2,779.7+0.077%$8.6M$673.1M4.9xas long as short
Hibachi ETH/USDT-P+0.0120%1h2,782.2+0.167%$279K$1.5M20xas long as short
Orderly PERP_ETH_USDC+0.0138%8h2,780.1+0.090%$32.6M$12.0M100xas long as short
Kraken Futures PF_ETHUSD+0.0169%1h2,779.1+0.056%$86.3M$330.4M100xas long as short
BloFin ETH-USDT+0.0182%8h2,778.4+0.031%$285.3M$194.6M150xas long as short
Reya ETHRUSDPERP+0.0189%1h2,777.6+0.001%$7.4M$1.1M25xas long as short